The Philippines is set to launch a value-added tax (VAT) refund programme for foreign tourists in 2024 to attract more visitors, according to the country’s Presidential Communications Office (PCO).
The Philippine Government has recently said that it is looking to sign import deals with some of the world's biggest fertiliser suppliers, including China and Russia, to help lower costs and increase food production amid high inflation.
The death toll from landslides and flooding in the Philippines caused by tropical storm Megi has risen to 167, with 110 still missing, the Philippine government reported on April 16.
At least 15,000 Filipinos are expected to participate in the World Health Organisation-led coronavirus vaccine trial that will likely kick off this month, a Philippine government official said on January 6.
Some 1.5 million Filipinos will receive the AZD1222 coronavirus disease 2019 (COVID-19) vaccine following an agreement between the Philippine government and AstraZeneca, a UK-Sweden pharmaceutical joint venture, last week.
ASEAN Foreign Ministers on August 29 issued a joint statement condemning the terrorist bombings on Jolo island, Sulu province of the Philippines that left many dead and injured five days ago.
The Asian Development Bank (ADB) on August 21 said it has approved a 300 million U.S. dollars policy-based loan to support the Philippine government's efforts to implement reforms to expand poor Filipinos' access to financial services.
The Philippine government on August 14 said it is imposing a ban on the importation of chickens from Brazil following reports of the coronavirus contamination of imported frozen food, including chicken wings from the South American country.
The Philippine government is eyeing a stimulus package worth 846 billion pesos (16.7 billion USD) to enable a full economic recovery from the COVID-19 pandemic, according to Finance Secretary Carlos Dominguez.
The Philippine government is seeking to import 300,000 tonnes of rice to ensure sufficient domestic supply as the country is trying to curb the spread of the COVID-19 pandemic, said Cabinet Secretary Karlo Nograles on March 31.
The Philippine government is planning to borrow more from domestic and foreign markets to finance the budget deficit this year, due to the economic slowdown triggered by the COVID-19 outbreak.
The Asian Development Bank (ADB) said on December 13 that it has approved a 200 million USD loan to help the Philippine government prepare implement major infrastructure projects under its flagship "Build, Build, Build" development programme.
The Philippine Department of Health (DOH) on August 30 announced a report on dengue fever outbreaks in the country, saying that the number of dengue cases since the beginning of 2019 is more than double of the figure recorded in the same period last year.
The Philippines on March 13 lowered its GDP growth target for this year to 6-7 percent, instead of 7-8 percent, citing the impact of a delay in the approval from the legislature for this year's budget.
The Philippines' actual disbursements in 2018 was estimated at 3.41 trillion pesos (65.22 billion USD), Philippine Budget Secretary Benjamin Diokno said on March 6.
The Philippine Government is intensifying its plan to extend the national railway network from the current 77km to 1,900km in three years, which is the centre of the country’s economic development policy.
Vietnam strongly condemns the terror bomb attacks on a Catholic cathedral in Jolo island city in the southern Philippine province of Sulu on January 27, spokesperson of the Vietnamese Foreign Ministry Le Thi Thu Hang has stated.
The Philippine governmenthas vowed to destroythose behind twin bombings that killed 27 people and injured nearly 80 others during a church service in the country's south on January 27.
Philippine government officials and employees will no longer be allowed to travel abroad during disasters and emergencies such as typhoons from 2019, according to the Philippine Department of Interior and Local Government (DILG).
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